Definition of jackpot. 1 a : the top prize in a game or contest (such as a lottery) that is typically a large fund of money formed by the accumulation of unwon prizes. b (1) : a hand or game of draw poker in which a pair of jacks or better is required to open.
“Jackpot” is a uniquely American word. It can mean a big prize won for gambling or in a sweepstakes or lottery or simply be used as an interjection indicating an exciting discovery. It's also the name of a tiny town in Nevada, near the Idaho state line.
A jackpot is the biggest win possible for a single spin on a given slot machine. How do I win a jackpot? Hit five of the designated symbol or five Wilds on a single virtual bet payline. Jackpots can be won from a combination of the designated symbol and Wilds. NOTE: Wilds do not count towards jackpots in . PAC-MAN JACKPOT POWER; Wild Bunny Meadows
The jackpot pays on the wager that causes the jackpot to reach or exceed the threshold, with the maximum value within this range being the "must-hit-by" amount. Often such jackpots encompass a variety of games, with each game contributing a small percentage of wagers to the jackpot.
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Powerball jackpot analysis shows the net amount a grand prize winner would receive after federal and state taxes are withheld.
Jackpot winners can either select their prize as an annuity or a lump-sum payment. If the annuity option is selected, the winner is guaranteed to receive 30 graduated payments over 29 years. The annual payments increase by 5% until the 30th and final payment.